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3815 Don Tomaso Dr, Los Angeles, CA 90008
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3815 Don Tomaso Dr Los Angeles, CA 90008

$1,295,000
  • 9 Beds
  • 8 Baths
  • 4,666 Sq.Ft.
For Sale
$1,295,000 Get Pre-Qualified
Map preview of 3815 Don Tomaso Dr, Los Angeles, CA 90008

Property Overview: 3815 Don Tomaso Dr Los Angeles, CA has 9 bedrooms, 8 bathrooms, 4,666 living square feet and 10,866 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: New financials and reduced price! All units are occupied. We are proud to present an opportunity to acquire a 6-unit apartment community located in the highly desirable Baldwin Hills market of Los Angeles. The offering features true rental upside and current ownership just completed a brand new 3 bedroom/2 bathroom ADU that includes white shaker cabinets,quartz counters, LVP floors and beautiful bathrooms. The ADU unit also includes an in-unit washer and dryer and has a AC/Heat Mini Split System. Total square footage is based on 3,666 assessor total square footage plus 1,000 sq ft brand new ADU (Buyer to verify). The value-add apartment boasts strong day-1 income and contains an attractive unit mix of 1, 2 and 3 bedroom floorplans. The property is in one of the hottest markets in Los Angeles surrounded bymulti-million dollar homes and lies in close proximity to all of LA's major employment hubs. This investment presents a very attractive opportunity to own avalue-add apartment on one of the most desirable streets in Baldwin Hills.

Listed by John Katnik | BRE #02002695 | BRC Advisors- BH
Last checked: 14 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 17
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Home details

Lot Sq. Ft
10,866
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24382233
City
Los Angeles
County
Los Angeles
Time on Site
16 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,169
  • Total Rent: $4,675
  • Pro Forma/Market Rent: $7,580
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,895
  • Total Rent: $2,895
  • Pro Forma/Market Rent: $3,095
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.41%
  • Gross Rent Multiplier: 12.23
  • Gross Scheduled Income: --
  • Net Operating Income: $70,030
  • Gross Operating Income: $102,670
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3815 Don Tomaso Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5026002003
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Off Don Tomaso and Don Felipe in Baldwin Hills
View more facts & features

Local Los Angeles Agent

Sale History for 3815 Don Tomaso Dr

Last sold for $950,000 on October 15th, 2021

  • April, 2024

  • Apr 19, 2024

    Date

    Active

    CRMLS: 24382233

    $1,295,000

    Price

  • April, 2024

  • Apr 3, 2024

    Date

    Canceled

    CRMLS: 24345561

    $1,375,000

    Price

  • Jan 9, 2024

    Date

    Active

    CRMLS: 24345561

    $1,425,000

    Price

  • Listing provided courtesy of CRMLS

    Seller Financing available!! We are proud to present an opportunity to acquire a 6-unit apartment community located in the highly desirable Baldwin Hills market of Los Angeles. The offering features true rental upside and current ownership just completed a brand new 3 bedroom/2 bathroom ADU that includes white shake cabinets, quartz counters, LVP floors and beautiful bathrooms. The ADU unit also includes an in-unit washer and dryer and has a AC/Heat Mini Split System. Total square footage is based on 3,666 assessor total square footage plus 1,000 sq ft brand new ADU (Buyer to verify). The value-add apartment boasts strong day-1 income and contains an attractive unit mix of 1, 2 and 3 bedroom floorplans. The property is in one of the hottest markets in Los Angeles surrounded by multi-million dollar homes and lies in close proximity to all of LA's major employment hubs. This investment presents a very attractive opportunity to own a value-add apartment on one of the most desirable streets in Baldwin Hills.

  • January, 2023

  • Jan 18, 2023

    Date

    Canceled

    CRMLS: 22214625

    $1,425,000

    Price

  • Nov 2, 2022

    Date

    Active

    CRMLS: 22214625

    $1,425,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present an opportunity to acquire a 6-unit apartment community located in the highly desirable Baldwin Hills market of Los Angeles. The property features true rental upside and current ownership is in the process of completing a three-bedroom/two-bathroom ADU. Total square footage is based on 3,666 assessor total square footage plus 960 sq ft brand new ADU (Buyer to verify). The value-add apartment boasts strong day-1 income and contains an attractive unit mix of 1, 2 and 3 bedroom floorplans. Soft story requirement completed. The property is in one of the hottest markets in Los Angeles surrounded by multi-million dollar homes and lies in close proximity to all of LA's major employment hubs. This investment presents a very attractive opportunity to own a value-add apartment on one of the most desirable streets in Baldwin Hills.

  • July, 2021

  • Jul 23, 2021

    Date

    Pending

    CRMLS: 21754792

    $1,200,000

    Price

  • Jun 30, 2021

    Date

    Active

    CRMLS: 21754792

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Five (5) unit building in Baldwin Hills Estates (near View Park/Windsor Hills; north of Stocker). Building is in an excellent position on the east facing side of the neighborhood nearest the Baldwin Hills mall and future development with substantial upside. This owner has already completed expensive (almost $58K) and required soft-story retrofit! Units are large w/ample living areas including one unit with a city view; This well-maintain 3,666 square feet property was built in 1954 with four (4) one bedroom/one bath units & a two bedroom/two bath unit. Each unit has an easy access garage at the front of the building and the building is located at the end of the street for easy access and easier street parking. Building is separately metered for gas & electricity. Separate laundry room creates some additional income. The property offers great upside potential, it is centrally located to the Expo Metro Transit Line, bus lines to Hollywood, Downtown LA and LAX Airport, and new commercial developments in Crenshaw and Inglewood areas; also near Kenneth Hahn State Park and the Stocker hiking trail. Rent control applies to this property. Property will be sold in its "As-Is Present Condition". Submit Offer to L/A Subject to Interior Inspection with Loan Approval Letter, if applicable and Proof of Funds. Do not enter property or Disturb Tenants.

  • September, 2019

  • Sep 2, 2019

    Date

    Expired

    CRMLS: 19459542

    $1,000,000

    Price

  • Apr 26, 2019

    Date

    Active

    CRMLS: 19459542

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

    Marcus & Millichap is pleased to offer for sale 3815 Don Tomaso Drive in Baldwin Hills Estates, locally known as The Dons. This 5 unit property is nearby attractions like Baldwin Hills Scenic Overlook and Kenneth Hahn State Regional Park, the New Kaiser Permanente, and the Baldwin Hills Crenshaw Plaza which is undergoing a major renovation. This well-maintain 3,666 square feet property was built in 1954 with a diverse unit mix of one bedroom/one bath and two bedrooms/two bathrooms. Each unit is spacious and designated parking spot. The property has been flagged for soft story retrofit and no accommodations have been made to complete it. The rents are under market and the owner pays for water utility. This property will appeal to an investor looking for a value add opportunity with upside in rents.

  • November, 2015

  • Nov 13, 2015

    Date

    Sold (Public Records)

    Public Records

    $736,000

    Price

  • June, 2013

  • Jun 14, 2013

    Date

    Sold (Public Records)

    Public Records

    $435,000

    Price

Show More

Tax History for 3815 Don Tomaso Dr

Assessed Value (2020): $796,668
Year Land Value Improved Value Assessed Value
2020 $471,939 $324,729 $796,668

Home Value Compared to the Market

This property vs the competition

3815 Don Tomaso Dr is listed 4.86% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $277.54 per/sqft which puts the price per square foot 64.14% lower than the median price per square foot for the city of Los Angeles.

About 3815 Don Tomaso Dr

Detailed summary of property

3815 Don Tomaso Dr is a multi family located in Los Angeles, CA 90008 and is currently for sale. This multi family property offers 9 bedrooms, 8 bathrooms, roughly 4,666 living square feet, and sits on an approximately 10,866 square foot lot. 3815 Don Tomaso Dr was first listed on ArdentRealEstateGroup.com on April 22, 2024. The homeowner is currently asking $1,295,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.86% higher than the median priced home. Local competing homes currently for sale include 3968 Arlington Ave, 2219 Obama Blvd and 2818 S Bronson Ave. While the average home in Los Angeles, CA is selling in 94 days, 3815 Don Tomaso Dr has a days on market of 17 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3815 Don Tomaso Dr Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3815 Don Tomaso Dr

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
3,666
Lot Size
10,866
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5026-002-003

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,477,777
Median List Price/Sq.Ft.
$711
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
45
Median Sale to List Price %
91.79%
Avg Days on Market
62
Loan Type
Conventional (30.77%), FHA (0%), VA (0%), Cash (30.77%), Other (15.38%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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